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2842 Kaimuki Avenue

Honolulu, HI 96816
  • $2,300,000
  • STATUS: Closed
  • ON SITE: 385 Days
  • MLS #: 202310419
Sold - 03/25/2024
$2,300,000
SOLD - 03/25/2024
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,410
    SQFT
  • $674
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1967
County:
Area:

School Ratings & Info

Description

Rare opportunity with great cash flow. Proforma 6.12% cap rate. Call Listor for financials. 23 room dormitory complex in convenient location off of Kapahulu Avenue. 22 partially furnished rooms each with sink, microwave, small refrigerator, window A/C and bed that share 4 full bathrooms. One studio unit with full kitchen above parking area with full bath. One electrical, water and gas (water heater) meters for the entire complex. Secured, gated entry with lush landscaping and picnic area for tenants with gas BBQ grill. Coin-operated washer and dryer machines. Wi-Fi provided for Tenants.

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© 2024 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass.

Licensed in the State of Hawaii, USA.
www.barneshawaii.com/homes/139349363
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2842 Kaimuki Avenue Honolulu, HI 96816

  • Price: $2,450,000
  • Status: Closed
  • On Site: 385 Days
  • MLS #: 202310419
0
Beds
0
Baths
0
½ Baths
0.13
Acres
3,410
SQFT
$674
$/SQFT
1967
Built
Neighborhood:
Kapahulu
County:
Oahu
Area:
Metro
Property Description
Rare opportunity with great cash flow. Proforma 6.12% cap rate. Call Listor for financials. 23 room dormitory complex in convenient location off of Kapahulu Avenue. 22 partially furnished rooms each with sink, microwave, small refrigerator, window A/C and bed that share 4 full bathrooms. One studio unit with full kitchen above parking area with full bath. One electrical, water and gas (water heater) meters for the entire complex. Secured, gated entry with lush landscaping and picnic area for tenants with gas BBQ grill. Coin-operated washer and dryer machines. Wi-Fi provided for Tenants.
Exterior Features

Construction Materials Hollow TileWood Frame Location Other Lot Description Clear Other Parking None Parking AssignedCovered Parking Total 4 Property Frontage Other Roof Composition Stories Two Topography Level View CityOther

Interior Features

Furnished Partial Laundry DryerWasher Remodeled Year 2006 Sq Ft Building 3410

Property Features

1 Bed Units 0 2 Bed Units 0 3 Or More Bed Units 0 Amenities A/C Annual Expenses 88167.00 Assessed Value Improvements 274300.00 Assessed Value Land 1400600.00 Assessed Value Total 1674900.00 Building Type Multi Dwellings Disclosures None Documents Lease DocumentsP&L Easements Street Widening Expenses Include Excise TaxInsuranceMgmt FeeOtherProperty TaxRepair MaintenanceSewer Fee Flood Zone Zone X Foreclosure YN No Land Recorded Land Court Land Tenure FS - Fee Simple Listing Financing CashConventional1031 Exchange Net Operating Income 145873.00 Other Income 0.00 Possession At Closing Property Condition Above Average Recreation Facilities None Set Backs C&C Sewer Connected Special Sale Conditions None Studio Units 1 Tax Amount 488.51 Tax Annual Amount 5862.12 Tax Paid By Seller No Tax Year 2023 Total Actual Rent 18920.00 Total Income 234040.00 Utilities Available CableGasInternetOverhead ElectricityPublic WaterSewer Fee Utilities Meters ElectricGasWater Zoning 12 - A-2 Medium Density Apartme

Listings provided courtesy of Marcus Realty: (808) 839-7446.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2024-05-26T23:03:07.79. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.


© 2024 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass.

Licensed in the State of Hawaii, USA.
 
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Compass
1586 Mokulua Dr.
Kailua HI, 96734